Celis Arquimedes 4

What Happened
Celis Arquimedes, a director of Pilgrim's Pride Corp. (PPC), received an award of 1,927 restricted stock units (RSUs) on 2026-04-29. The filing reports the acquisition at $0.00 per unit (transaction code A — Award/Grant), meaning no cash was paid. The filing does not state a market value or show immediate issuance of common shares.

Key Details

• Transaction date: 2026-04-29; Form 4 filed: 2026-05-05.
• Transaction type/code: Award/Grant (A). Reported price: $0.00.
• Shares/units received: 1,927 restricted stock units (RSUs).
• Shares owned after transaction: not disclosed in this filing.
• Footnote: These RSUs "represent restricted stock units vesting upon the director's departure from the Company's Board of Directors"; each RSU is a contingent right to one share of PPC common stock.
• Filing timing: The Form 4 was filed six days after the transaction date, which is more than the typical two-business-day deadline for Form 4s (the filing therefore appears late).

Context
RSUs are a form of equity compensation that convert to actual shares only upon vesting/settlement. In this case the units vest upon the director’s departure from the board, so they do not necessarily represent immediate share ownership or a market-directional trade. Awards to directors are often part of standard compensation or termination/transition arrangements and are not the same as an open-market purchase or sale.